The central government formalized a process for local governments to borrow for the year ahead — starting in the preceding fourth quarter, state media said.
Schlagwort-Archiv: Markets
Coinbase shares rise 6% as Grayscale ETF ruling takes effect
Coinbase is up nearly 119% year to date but remains well off its pre-crypto-winter levels.
Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results
Boeing also posted a wider-than-expected loss for the third quarter.
Beer giant Heineken posts sales hit on Russia exit, higher prices
The Dutch brewer sold its Russia operations for one euro in August, while consumers globally were deterred by higher beer prices.
Deutsche Bank shares surge 7% after net profit beats expectations
Deutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.
‚The bond vigilante is coming back,‘ UBS strategist says
The „bond vigilantes are coming back“ as investors continue to sell amid the prospect of a growing fiscal deficit, according to UBS Asset Management’s Kevin Zhao.
Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond. A look at the numbers
Citi notched its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of $55 billion. That view seems conservative. Here’s why.
Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations.
Alphabet to report third-quarter earnings after the bell
Alphabet has been continuing to look for ways to cut costs while also stepping up investments in artificial intelligence.
Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
Coca-Cola’s stock has fallen 15% this year, dragging its market value down to about $234 billion.